Question
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,056,000. Bardot Marine manufactures two types
Single Plantwide Factory Overhead Rate
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,056,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require four direct labor hours for manufacture. Each product is budgeted for 11,000 units of production for the year.
When required, round all per unit answers to the nearest cent.
a. Determine the total number of budgeted direct labor hours for the year. fill in the blank 1 direct labor hours
b. Determine the single plantwide factory overhead rate. $fill in the blank 2 per dlh
c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate.
Speedboat $fill in the blank 3 per unit Bass boat $fill in the blank 4 per unit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started